EU-Pakistan Agreement on Tariff Quotas following Brexit
21 Aug 202650 views
Who is affected:
European importers of Pakistani products subject to tariff rate quotas (TRQs)
Summary
The EU and Pakistan agree on how to distribute import quotas with reduced tariffs following the United Kingdom's withdrawal from the EU. Pakistan accepts the new distribution of quantities between the EU and the United Kingdom.
Detailed analysis
PRO
This bilateral agreement between the EU and Pakistan, negotiated under Article XXVIII of GATT 1994, resolves the adjustment of tariff rate quotas (TRQs) in the EU's Schedule CLXXV resulting from Brexit. Pakistan accepts the proportional allocation methodology of quotas between the EU-27 and the United Kingdom, maintain…
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